Internship

University Relations – Actuarial Intern

Posted on 11/16/2024

HCSC

HCSC

Health insurance provider in multiple states

Financial Services
Healthcare

Compensation Overview

$17.5 - $36.76Hourly

No H1B Sponsorship

Chicago, IL, USA + 1 more

More locations: Richardson, TX, USA

This ten-week paid internship can be located in Chicago, Illinois or Richardson, Texas.

Category
Insurance
Finance & Banking
Required Skills
SQL
Requirements
  • Pursuing a Bachelor’s Degree in Actuarial Science, Mathematics, Statistics, Finance, Economics. Other Bachelor degrees may be considered.
  • Graduation date between December 2025 and June 2026
  • A minimum GPA of 3.0/4.0
  • Completion of or plan to complete 1 ASA (Associate of the Society of Actuaries) exam by graduation
  • Availability to work 10 weeks during the summer (June 2025– August 2025)
  • Unrestricted authorization to work in the United States. ***(Currently, we are not offering this position with a student visa including F1, OPT, CPT or H1B and are not accepting or sponsoring student work visas for this role)***
  • Demonstrated interpersonal skills including verbal and written communication.
  • Strong analytical skills
  • Practical, developed technical skills, especially Excel, Access, SQL and Visual Basic.
Responsibilities
  • Work closely with both management and actuarial students in support of some of our major departmental functions.
  • Modeling experience, gathering, and compiling data from various sources, designing, and maintaining databases, and producing reports for internal as well as external uses.
  • Comply with HIPAA, Diversity Principles, Corporate Integrity, Compliance Program policies and other applicable corporate and departmental policies.
  • Maintain complete confidentiality of company business.
  • Maintain communication with management regarding development within areas of assigned responsibilities and perform special projects as required or requested.
  • Create a final internship PowerPoint presentation to share with department leadership covering the internship experience, the assigned project over the course of the summer, including the results along with any solutions or recommendations that can be leveraged by the department in the future.

HCSC provides health insurance services across five states: Illinois, Montana, New Mexico, Oklahoma, and Texas. The company offers a variety of health insurance plans designed for individuals, families, and businesses, ensuring that different healthcare needs are met. HCSC's plans work by collecting premiums from members, which fund the healthcare services they provide. In addition to insurance, HCSC invests in health and wellness programs aimed at lowering healthcare costs and enhancing the health outcomes of its members. What sets HCSC apart from other health insurance providers is its long-standing experience in the industry and its commitment to compassion and innovation in healthcare. The company's goal is to empower people to lead healthier lives while maintaining a focus on quality care.

Company Stage

N/A

Total Funding

$472.7M

Headquarters

Chicago, Illinois

Founded

N/A

Simplify Jobs

Simplify's Take

What believers are saying

  • The new Houston office will create numerous job opportunities, fostering local economic growth and community development.
  • The acquisition of Cigna's Medicare businesses will expand HCSC's product offerings and geographic reach, benefiting current and future members.
  • Recognition as one of the 'Best Places to Work in IT' and having a CEO listed among the 'Most Influential People in Healthcare' highlight HCSC's strong leadership and positive work environment.

What critics are saying

  • The $231,900 fine from the Illinois Department of Insurance for an inaccurate provider directory could damage HCSC's reputation and trust with members.
  • The integration of Cigna's Medicare businesses may pose operational challenges and potential disruptions.

What makes HCSC unique

  • HCSC's strategic expansion into local communities, such as the new Houston office, emphasizes its commitment to economic growth and local workforce development, setting it apart from competitors.
  • The acquisition of Cigna's Medicare businesses significantly enhances HCSC's capabilities and reach in the growing Medicare market, providing a competitive edge.
  • HCSC's collaboration with Feeding America to address root causes of hunger showcases its holistic approach to community health, beyond traditional healthcare services.

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